Traders watching Dow futures for Monday are closely monitoring oil prices, which have pulled back slightly, possibly boosting transport and manufacturing stocks in early sessions. Asian markets closed higher on Monday, except Japan's Nikkei 225 index. Hong Kong's Hang Seng, China’s CSI 300, India’s S&P BSE Sensex, Australia's ASX 200, and South Korea's Kospi indices rose. European markets were higher in early trade. Fermi America shares jumped more than 40% in the data center developer's first day of trading on the Nasdaq Global Select Market. Market analysts note that Dow futures for Monday are stabilizing around the 38,500 mark, with sentiment supported by easing Treasury yields and improved manufacturing PMI readings.